Ransomware groups grow revenue by almost 40% in Q1 2026


In the first quarter of the year, ransomware groups increased their revenue by almost 40%, compared to the same period last year. This is according to a new report from cybersecurity researchers Rapid7, who said the increase is partly due to a maturing cybercriminal industry.

Rapid7 based its findings on its research telemetry, which showed that in Q1 26, ransomware groups made an estimated $529.2 million. The Qilin ransomware group made an estimated $193 million between July 2025 and March 2026, while the Gentleman ransomware group made an estimated $52 million between July 2025 and March 2026, it was said.

Read more…
Source:  TechRadar News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Why cybersecurity needs more attention from business leaders

    April 10, 2017

    As businesses have become more dependent on technology, their exposure to cybersecurity threats increases – driving a need for boards and senior management to understand the risks. Cybercrime has grown so much that the Office for National Statistics (ONS) recently began including it in official figures. In 2016, a report from the National Crime Agency found ...

  • Symantec Links Espionage Group to CIA via Tools Exposed by WikiLeaks

    April 10, 2017

    Symantec announced that it had connected at least 40 attacks across 16 countries where tools obtained and exposed by WikiLeaks via the Vault 7 revelations about CIA’s espionage tactics were used. In a lengthy report, Symantec talks about a highly organized group they named Longhorn and which they linked to all these attacks. While stopping short ...

  • Shadow Brokers Group Releases More Stolen NSA Hacking Tools & Exploits

    April 8, 2017

    A hackers group that previously claimed to have stolen a bunch of hacking tools (malware, zero-day exploits, and implants) created by the NSA and gained popularity last year for leaking a portion of those tools is back. Today, The Shadow Brokers group released more alleged hacking tools and exploits that, the group claims, belonged to “Equation ...

  • Inside the murky world of hackers for hire

    April 8, 2017

    Shortly after Christmas, 2011, Ruby Nealon sold the Nintendo Wii games console his mother had bought him to fund an Open University course in computer software. He was 11 and it was the start of his unconventional education as a computer prodigy, which led him to drop out of school and start a full time degree ...

  • Finance firms to spend more on security as concern over cyber crime soars

    April 5, 2017

    Over 80pc of financial services firms plan to pump cash into cybersecurity this year, almost double that of last year as fears over cyber attacks swell. Corporate adviser Duff & Phelps, which analysed 200 executives in Europe, Hong Kong and the US, said 86pc of financial services firms intend to spend more time and money on cybersecurity this year. That’s a significant increase on last year, ...

  • Lazarus APT Spinoff Linked to Banking Hacks

    April 3, 2017

    The Lazarus Group, a nation-state level of attacker tied to the 2014 attacks on Sony Pictures Entertainment, has splintered off a portion of its operation to concentrate on stealing money to fund itself. The group, widely believed to be North Korean, has been linked to a February 2016 attack against the Bangladesh Central bank that resulted ...